CyGenica: Raises $1.4M in Seed Funding
- CyGenica, a Pune, India and Cork, Ireland-based biotechnology company, raised a $1.4m seed funding round
- The round was led by SOSV, Voyager Health-Tech fund, David Rowan, founder of Voyagers.io, and angel investors Sharaf Yamani, and Sami Mikati
- The company intends to utilize the funds to accelerate the development of its drug delivery technology
- The company provides proprietary technology, which enables safe, targeted and affordable intercellular drug delivery
- The technology functions like a universal USB drive
- It acts as a nanomachine which can deliver multitudes of cargoes carrying molecular information such as drugs and genetic therapeutics in an efficient
